Bank of America Corp DE Has $18.52 Million Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Bank of America Corp DE increased its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 91.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 878,145 shares of the company’s stock after acquiring an additional 419,709 shares during the period. Bank of America Corp DE owned 5.15% of Franklin Investment Grade Corporate ETF worth $18,518,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in FLCO. PNC Financial Services Group Inc. grew its position in shares of Franklin Investment Grade Corporate ETF by 40.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,772 shares of the company’s stock valued at $37,000 after purchasing an additional 509 shares during the last quarter. Atria Investments Inc boosted its stake in Franklin Investment Grade Corporate ETF by 1.7% during the 4th quarter. Atria Investments Inc now owns 48,906 shares of the company’s stock valued at $1,031,000 after purchasing an additional 812 shares during the period. JPMorgan Chase & Co. grew its holdings in Franklin Investment Grade Corporate ETF by 3.8% in the 4th quarter. JPMorgan Chase & Co. now owns 50,551 shares of the company’s stock valued at $1,066,000 after buying an additional 1,838 shares during the last quarter. LPL Financial LLC increased its position in Franklin Investment Grade Corporate ETF by 4.4% in the 4th quarter. LPL Financial LLC now owns 103,255 shares of the company’s stock worth $2,177,000 after buying an additional 4,314 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of Franklin Investment Grade Corporate ETF by 28.4% during the fourth quarter. HighTower Advisors LLC now owns 19,757 shares of the company’s stock worth $417,000 after buying an additional 4,372 shares during the last quarter.

Franklin Investment Grade Corporate ETF Price Performance

FLCO opened at $21.09 on Wednesday. The business has a 50 day moving average of $21.18 and a 200-day moving average of $21.25. Franklin Investment Grade Corporate ETF has a 1-year low of $20.60 and a 1-year high of $22.25.

Franklin Investment Grade Corporate ETF Company Profile

The Franklin Investment Grade Corporate ETF (FLCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that uses a combined top-down and bottom-up approach to select investment-grade USD-denominated bonds without a duration target. FLCO was launched on Oct 3, 2016 and is managed by Franklin Templeton.